Treasury confirms extension to VCT and EIS sunset clause

Dates to be confirmed

The UK Government has confirmed that the current sunset clause deadline on the Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) will be extended beyond 2025.

The extension was announced in its response to the Treasury Committee's Venture Capital report from in the summer, stating it "recognises the need to provide certainty to founders and investors", adding it would provide "further details on the schemes beyond 2025 at a future fiscal event". Chancellor of the Exchequer Jeremy Hunt had previously signalled his agreement with the committee to continue the scheme in previous correspondence, but this is the first time he has committed to an extension. MPs call for Treasury to set out clear plans on EIS and VCT extension In a letter sent ...